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Press release

Marsh McLennan to Exit Russia Businesses

03/10/2022

New York | March 10, 2022 

Today, Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy, and people, announced it will exit all of its businesses in Russia.

Dan Glaser, President and CEO, said, “We condemn the unprovoked attack by the Russian government against the people of Ukraine.  Having watched with horror the tragic human toll in Ukraine, we feel compelled to take this action.  We intend to transfer ownership of our Russian businesses to local management who will operate independently in the Russian market.  This is not a decision that we have taken lightly, and we join all those calling for a swift and peaceful resolution to this deadly conflict.”

About Marsh

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

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